MIDDLE EARTH

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the BROOKELAND (AUSTIN CHALK, 8800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 293609District 06Field 12193500CondensateGasSaveExport
Value, all time
$31.7 M
Aug 2022 – May 2026
Value, last 12 filed months
$3.0 M
at the published price for each month
Months reported
46
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 488 leases and 597 wells, and the rule below applies to all of them.

Discovered
1983-06-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
900 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2009-10-22.

The Commission's schedule remark for this field reads: ACRES. DOCKET EFFECTIVE 10-22-09.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition315,748 bbl$24,629,427
GasProduction1,761,051 Mcf$7,084,710
Total$31,714,138

Every month this lease reported (46)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

46 months

May 20261,96116,418106.413.05$258,677
Apr 20262,15116,76998.932.87$260,921
Mar 20262,04317,98089.753.15$239,986
Feb 20262,11716,42863.503.75$196,040
Jan 20262,68019,29959.138.00$312,820
Dec 20252,15323,76456.664.41$226,868
Nov 20253,39425,06558.593.93$297,271
Oct 20252,86024,60959.383.30$251,156
Sep 20252,31415,62062.743.08$193,242
Aug 20252,90619,37663.933.01$244,195
Jul 20252,69221,23166.743.32$250,049
Jun 20253,11118,89966.483.13$265,949
May 20253,46520,23260.553.23$275,202
Apr 20253,39321,93862.363.54$289,316
Mar 20252,83611,43867.704.27$240,818
Feb 20252,59013,80670.884.34$243,509
Jan 20253,50118,91574.324.28$341,126
Dec 20243,39218,93068.993.12$293,102
Nov 20243,73719,92269.052.20$301,837
Oct 20243,95020,73071.372.28$329,205
Sep 20244,36628,44469.612.36$371,169
Aug 20244,62628,09675.632.06$407,844
Jul 20244,69430,01179.932.15$439,613
Jun 20245,48830,04678.082.63$507,644
May 20245,98429,14678.812.20$535,675
Apr 20245,82630,42884.451.66$542,492
Mar 20245,90732,06580.301.55$523,877
Feb 20245,79729,88476.091.78$494,396
Jan 20246,08234,97473.023.30$559,440
Dec 20236,11238,03771.262.61$534,845
Nov 20237,13637,22677.892.81$660,337
Oct 20239,41147,37085.443.09$950,320
Sep 20239,62848,83689.042.74$990,846
Aug 202310,79753,58680.522.67$1,012,603
Jul 202311,67457,02074.852.64$1,024,434
Jun 202311,24957,81468.962.26$906,303
May 202312,98063,32770.622.23$1,057,702
Apr 202313,49674,24578.122.24$1,220,450
Mar 202310,32955,60272.852.39$885,532
Feb 20239,75642,31675.112.47$837,111
Jan 20231,15311,10876.533.39$125,870
Dec 202214,15181,19876.415.73$1,546,468
Nov 202216,01188,99685.005.65$1,863,424
Oct 202223,009116,03387.185.86$2,686,314
Sep 202231,285170,33484.888.16$4,046,023
Aug 202211,55563,54094.529.13$1,672,118

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate         1,961 bbl  × $106.41 =   $208,670
Gas               16,418 Mcf  × $  3.05 =    $50,007

────────────────────────────────────────────────────
Month total                                 $258,677

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/G/293609 is the state's own key, not one this site invented.